not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the house of representatives said just earlier this week we'll all pass that. i agree with him. secondly, the republicans have agreed that we need to have some sort of balance, more and more republicans are saying we need to have revenues. you cannot do it simply with cutting spending. thirdly, i don't think that anybody wants to hurt the vulnerable in america. >> no, i think -- but the question, the question here is, is on the issue of taxes for instance. the president proposed tax cuts -- i'm sorry tax increases that went beyond what they discussed before. raising the rate which would amount to $960 billion, then an additional $600 billion in tax increases that would go on the 2%. on the issues of spending, cuts, $400 billion in medicare and other entitlement savings but unspecified in next year not the specifics and not the amounts the republicans were lo